Correction of the forecast for the financial year 2022 (German)

Dresden, July 20, 2022 // Bike24 Holding AG ^

DGAP-Ad-hoc: BIKE24 Holding AG / Keywords: Forecast change

Bike24 Holding AG: Correction of the forecast for the financial year 2022

07/20/2022 / 17:07 CET / CEST

The best jobs of the day

Find the best job offers now and
be notified by e-mail.

Publication of confidential information pursuant to Art. 17 of the Regulation

(EU) No 596/2014, provided by DGAP – EQS Group AG service.

The issuer / publisher is responsible for the content of the application.

————————————————– —————————————

Bike24 Holding AG: Correction of the forecast for the financial year 2022

DRESDEN, July 20, 2022 // Bike24 Holding AG (the “Company”), one of

leading online seller of everything to do with bicycles forecast for

The financial year 2022 after macroeconomic conditions in

it worsened during the second and this quarter

The trend continued at the beginning of the third quarter.

The company’s previous forecast for March 30, 2022 was one

Revenues increase by + 10% to + 17% and adjusted EBITDA margin between

+ 9% and + 10% for the current financial year. Already in progress

publication of results for the first quarter of 2022 in May 2022

She noted that because of the difficult

macroeconomic situation overall results at the bottom

expected range.

The macroeconomic framework conditions have continued to improve since the end of March 2022.

tightened so that the public must now assume that

Consumer sentiment due to unfavorable macroeconomic conditions

will be cloudy in the long run.

Due to the course of business, the company expects that

Fiscal year 2022 now with sales growth from -5% to + 5% a

adjusted EBITDA margin from + 3% to + 6%.

Regarding the definition of an alternative performance measure, ‘adjusted

EBITDA margin ”, the company refers to the relevant definition in

his 2021 Annual Report, which is available on the company’s website

is published.

The person notifying: Alexander Weiss, attorney-at-law

Contact person for inquiries from investors and analysts:

Publisher Moritz

Investor Relations Manager

[email protected]

————————————————– —————————————

Information and explanations by the issuer to this announcement:

Certain statements in this release may:

Forward-looking statements that come with a variety of risks and

contain uncertainties. Forward-looking statements are

general use of the words “may”, “will”, “should”,

“Plan”, “expect”, “anticipate”, “estimate”, “believe”, “intend”,

“Project” or “purpose” or a contradiction of these words or

other variations of these words or similar terminology

recognize. Forward-looking statements are based on assumptions, projections,

Estimates, forecasts, opinions or plans that are inherently significant

Risks as well as uncertainty and unforeseen circumstances are changing

are subject. The company is making and will not make any representations

ensure that any forward-looking statement is achieved or

turns out to be correct. The real business of the future,

The financial position, performance and prospects may differ significantly from those in:

forecast or projected forward-looking statements

To differentiate. Subject to applicable law

neither the Company nor any other person intends to do so in the future

update, review or update any statements contained in this posting

review or adapt to actual events or events,

or due to the fact that there will be new information in the future?

there are new events or for any other reason

they have such an obligation.

————————————————– —————————————

07/20/2022 CET / CEST DGAP distribution services include statutory

reporting requirements, corporate / financial news and press releases.

Media archive at http://www.dgap.de

————————————————– —————————————

German

Company: BIKE24 Holding AG

Breitscheidstr. 40

01237 Dresden

Germany

ISIN: DE000A3CQ7F4

WKN: A3CQ7F

Exchanges: Regulated market in Frankfurt (Prime Standard);

Open market in Berlin, Dusseldorf, Hamburg, Hannover,

Munich, Stuttgart, Tradegate Exchange

EQS message ID: 1402381

End of news DGAP news service

————————————————– —————————————

1402381 07/20/2022 CET / CEST

°

Leave a Comment